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Trust Funds for improved governance and economic performance in developing countries

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  • Bell, Brian A.

Abstract

The outstanding success of the Tuvalu Trust Fund (TTF) in providing a stream of revenue to overcome a chronic budget deficit and encourage economic self reliance has led the Government of Tuvalu to extend the trust concept to outer island development. This paper looks at the role of trust funds in economic development in Pacific Island Countries including a brief review of relevant country experience. The success factors of the TTF are outlined along with how the trust fund concept is being adapted to bottom up community based development in Tuvalu. Lastly, possible future directions are explored.

Suggested Citation

  • Bell, Brian A., 2001. "Trust Funds for improved governance and economic performance in developing countries," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 125540, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare01:125540
    DOI: 10.22004/ag.econ.125540
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    Keywords

    Agricultural Finance;

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